Sackler family could pay billions to settle opioid lawsuits
Tuesday, 10 September 2019 The billionaire Sackler family may be willing to pay up, to settle thousands of lawsuits stemming from the opioid crisis. The proposed settlement comes amid speculation that the family's company, Purdue Pharma, is about to go bankrupt. Mola Lenghi reports.
Purdue Pharma LP reached a tentative agreement Wednesday with some plaintiffs to resolve widespread litigation. According to Reuters, the OxyContin maker has been sued over its alleged role in fueling the U.S. opioid crisis. Sources say Purdue plans to tussle with states opposing its settlement offer...
For years opioids have been generously prescribed and gladly welcomed for their temporary relief for chronic or post-operative pain. But for too many, these drugs become addictive, creating a craving..